SEC Form 4 · accession 0001593968-17-001179
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles B. Ammann
Officer — EVP
Period of report
Nov 1, 2017
Accepted (ET)
Nov 2, 2017 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000088941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 1, 2017 | M | 2,250 | $24.74 | A | 14,905 | D | |
| Common StockF1 | Nov 1, 2017 | S | 2,250 | $40.6689 | D | 12,655 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $24.74 | Nov 1, 2017 | M | 2,250 | D | Feb 25, 2015 | Feb 25, 2020 | SMTC | 2,250 | 16,500 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $40.2000 to $41.2000. Price and share details are available upon request.
- F2This grant vests in four annual installments beginning on February 25, 2015.
Remarks
These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ammann on March 31, 2017.